“The risks of price increases in the Russian economy continue to grow. This was reported in the bulletin of the Central Bank of Russia”What do the trends say?”
“The risks of price increases continuing at high rates or an excessively slow and unstable return to the target remain. He believes that in order to resume the disinflation process, greater monetary policy rigidity and a longer period of tight monetary policy are needed in the second half of 2024, compared to the actual rigidity in the first half of the year.
Before that, the Central Bank of Russia statedLong-term tight monetary policy (monetary policy) is needed to reduce inflation.
The regulator reported that consumer prices in Russia increased by 0.64% in June 2024. At the same time, annual inflation increased, reaching 8.59%, according to the Central Bank’s forecast, while in May it was 8.3%.
Previously Accounts Room in the name Reasons for the lack of investment in Russia.